It’s been a big year for Chinese technology companies. Alibaba, Tencent, Pinduoduo and JD.com have all seen their stocks soar as the tech sector continues to prove its worth in China’s rapidly expanding economy. Now, another Chinese tech giant is making its way onto the global stage. Bilibili Inc., a leading online entertainment platform in China, has recently announced plans to go public on the Nasdaq exchange through an initial public offering (IPO). This IPO will be one of the largest by any Chinese company this year and could potentially be a major turning point for Bilibili as it looks to expand beyond its domestic market. In this blog post, we will explore what investors can expect from Bilibili’s upcoming IPO and how it could impact the global markets.
What is Bilibili?
Bilibili is a Chinese online video platform founded in 2009. The company provides a platform for users to upload, view, and share videos. Bilibili has over 150 million monthly active users and is one of the most popular video sharing platforms in China.
In March 2018, Bilibili filed for an initial public offering on the Nasdaq Stock Exchange. The company plans to raise up to $300 million from the IPO.
Bilibili was founded by Xu Yi in 2009. The company is headquartered in Shanghai, China.
What is an IPO?
An initial public offering (IPO) is the first sale of stock by a private company to the public. Prior to an IPO, a company is considered a private company, usually with a relatively small number of shareholders and was typically founded by family and friends. An IPO allows the company to raise capital by selling shares of ownership to public investors. The liquidity that comes with an IPO can be attractive to early shareholders who can now cash out some or all of their holdings.
The decision to go public is not one that should be made lightly as it has far-reaching implications for the future of the business. The regulatory environment surrounding IPOs is also complex and can vary significantly from country to country. In the United States, for example, companies must comply with the requirements of the Securities and Exchange Commission (SEC).
going public will also have an impact on how the company is managed and governed going forward. For example, a company that is publicly traded will be subject to greater scrutiny from shareholders, analysts, and the media. As such, management will need to be prepared to address these stakeholders on a regular basis.
Finally, it’s important to remember that an IPO is just one step in a much longer journey for a company. Once a company goes public, it will need to continue to perform well in order to maintain shareholder confidence and support.
Bilibili’s IPO: The Details
Bilibili, a Chinese online video platform and anime fan community, raised $4.6 billion in its U.S. initial public offering (IPO) on Nasdaq on March 28, 2018. Bilibili priced 180 million American Depositary Shares (ADSs) at $27 each, the top of its $24-to-$27 price range, to raise over $4.9 billion before underwriting discounts and commissions.
This values the company at around $12.8 billion and makes it one of the largest IPOs by a Chinese company on a U.S. exchange in recent years. Bilibili sold 13 percent of its total shares outstanding in the IPO and now has 1,346 shareholders.
Sequoia Capital China, Tiger Global Management and Fidelity Investments were among the largest pre-IPO investors in Bilibili. The company’s other shareholders include CDH Investments, Capital Today, Sina Weibo (which is also an investor in Dwango, owner of Niconico), Sohu (SOHU), Founder Group and GGV Capital.
Bilibili was founded in 2009 by Xu Yi (徐毅) as a video-sharing website for ACG fans to share videos and comics that they had created themselves or collected from elsewhere on the internet. It quickly became popular within China’s otaku community. In 2012, Bilibili launched its own online comic platform and began producing original animated
How to Invest in Bilibili
In order to invest in Bilibili, you will need to purchase shares of its common stock through a broker. You can buy shares directly from the company, but you will likely pay higher fees.
If you are investing for the long term, you should consider buying shares of Bilibili when it goes public. The IPO price will be set by the underwriters and is usually below the market price.
You can also trade Bilibili stock on secondary markets such as the Nasdaq. However, liquidity can be an issue with smaller stocks like Bilibili.
1. Bilibili’s Future
Bilibili, a Chinese video streaming company, plans to go public on the Nasdaq stock exchange in the United States. The move would give the company much-needed credibility and exposure to international investors.
Bilibili was founded in 2009 by Xu Yi, a former software engineer at Google. The company started out as a website where users could upload and share videos. It has since evolved into a platform with over 200 million monthly active users that offers a wide range of content, including animation, comics, games, and live-streaming.
Bilibili has been profitable for the past three years, but it is still loss-making on an annual basis. In 2018, the company posted a net loss of RMB 1 billion (US$148 million). However, its revenue grew by 61% to RMB 7 billion (US$1 billion) in 2018.
The company is planning to use the proceeds from its IPO to invest in content and technology, build up its sales and marketing team, and expand internationally. Bilibili faces stiff competition from other video streaming platforms such as iQiyi and Tencent Video. But it has a strong user base among young people in China who are willing to pay for premium content. If Bilibili can continue to grow its user base and convert more of them into paying subscribers, it could be a very successful public company.
To summarize, the Chinese video streaming platform Bilibili is planning to debut on the US stock markets via an initial public offering (IPO). The listing is expected to raise $3 billion and propel Bilibili into a new era of growth. With strong user numbers and rising revenues, this IPO could be a great opportunity for investors to get in early on one of China’s most promising tech companies. We will have to wait and see how it performs when it enters trading later this year.